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Headwaters MB Advised FYI Television on Sale to Ericsson
- Mergers & Acquisitions
- Mergers & Acquisitions
January 2016
Headwaters MB advised FYI Television Inc. (“FYI” or the “Company”), the premier entertainment metadata and rich media content supplier based in Grand Prairie, Texas, on its sale to Ericsson. The acquisition will strengthen Ericsson’s already industry-leading position in broadcast and media services.
FYI Television accumulates and distributes TV entertainment content and linear scheduling data from over 9,000 TV networks daily, aggregating the information into customized formats for various digital, media, content, analytics and print clients for use on their connected devices such as tablets, phones, desktops, internet portals and gaming consoles. FYI Television’s employees will join Business Line Broadcast & Media Services, part of Ericsson’s Business Unit Global Services, with the acquisition expected to close in Q1 2016.
Industry Experience
Technology, Media & Telecom
Service Type
View Recent Mergers & Acquisitions Transactions“FYI has worked tirelessly for more than 15 years to develop a superior database capable of fueling devices with carefully organized and flexible datasets that hundreds of clients and 100+ million U.S. viewers have come to trust and depend on daily. FYI was ready to expand its global capabilities, and with Ericsson’s worldwide presence and expertise in content discovery, it is without question the right move for both companies.”
Christopher S. Stark
President and CEO
FYI Television
